By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
World of SoftwareWorld of SoftwareWorld of Software
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Search
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
Reading: Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built For Transparent Yield | HackerNoon
Share
Sign In
Notification Show More
Font ResizerAa
World of SoftwareWorld of Software
Font ResizerAa
  • Software
  • Mobile
  • Computing
  • Gadget
  • Gaming
  • Videos
Search
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Have an existing account? Sign In
Follow US
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
World of Software > Computing > Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built For Transparent Yield | HackerNoon
Computing

Solstice Labs Announces Upcoming USX Launch, a Solana-Native Stablecoin Built For Transparent Yield | HackerNoon

News Room
Last updated: 2025/04/29 at 12:52 AM
News Room Published 29 April 2025
Share
SHARE

**Dubai, UAE, April 28th, 2025/Chainwire/–**Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionless delta-neutral returns to Solana from day one.

Solstice Labs, an onchain asset manager backed by $1 billion digital asset investment firm Deus X Capital, today announced USX, a stablecoin purpose-built for sustainable yield on Solana. Launching this summer, USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL), providing users access to institutional-grade returns through automated delta-neutral trading strategies.

Designed for both institutions and everyday users, USX is a synthetic stablecoin optimized for performance on Solana. The USX peg is maintained by the 1:1 collateralization of fiat-backed stablecoins, such as USDC and USDT, and partnerships with some of the biggest market makers and liquidity providers in the industry. Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies, leveraging a 3-year track record showing 19.2% average over the last 12-months and protected by a dedicated insurance fund.

“We’ve seen the same dynamic repeat in crypto: DeFi yields are constantly over-engineered, opaque or reserved for institutional players,” said Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is designed at its core to change this by simplifying competitive yields in a transparent and sustainable way. All stablecoin users should have the opportunity to capture the yield that larger protocols keep to themselves while not giving up utility in the base asset. That’s the promise of DeFi, and that’s what we’re building at Solstice.”

The Solana Stablecoin for Everyone

Solana has quickly emerged as one of the fastest-growing stablecoin ecosystems, expanding its share of stablecoin liquidity from 2.5% to 5.4% in just two months, at the time of publication. But while the chain has become a hub for stablecoin velocity, especially in MEV, arbitrage, and orderbook-style trading, it still lacks a dominant Solana-native stablecoin built for yield.

USX is designed to fill that gap, purpose-built for Solana’s low-latency, high-throughput infrastructure. As stablecoin transfer activity increasingly shifts from centralized exchanges to trading-driven DeFi applications, USX positions Solana at the forefront of capturing new onchain capital via yield-native stable assets.

USX’s launch is supported by a growing network of infrastructure, security, and liquidity partners to enable off-exchange settlement solutions, expanding the stablecoin’s utility across both centralized and decentralized exchanges.

Built by the Team Behind Solstice Staking

USX and its protocol are part of the Solstice umbrella, which also includes Solstice Staking AG, after a recent acquisition. Solstice Staking is one of the most trusted staking operations in the industry, currently securing:

  • $1B+ in staked assets
  • 9,000+ validator nodes
  • 100% renewable energy-powered infrastructure
  • 99.99% uptime for institutional reliability

With a track record rooted in stability, Solstice is now focused on creating the next evolution of DeFi; one where transparency, performance, and access go hand in hand.

Coming Summer 2025

USX will officially launch in Summer 2025, with early access and beta incentives for all users to be announced in the coming weeks. For updates, users can visit https://solsticelabs.io/ or follow @solstice_io. Meet the team this week in Dubai during Token2049 at the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.

About Solstice Labs

Solstice Labs AG, a Deus X Enterprise company, in partnership with the Solstice Foundation is reimagining financial asset management for the onchain era. Solstice’s Protocol leverages a registered approved manager to offer institutional-grade products to investors. Key products include USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields.

Bolstering the group’s crypto credentials, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000+ validator nodes.

Users can learn more at https://solsticelabs.io and follow @solstice_io.

About Deus X Capital

Deus X Capital is a specialist investment and operating company focused on private equity, venture capital, and venture build opportunities in the capital markets, fintech, and digital assets sectors. Deus X has more than $1bn in assets under management and its unique expertise, extensive network, and diverse capabilities to foster lasting value within the financial technology sector.

Contact

Leslie Termuhlen

[email protected]

This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Good news, US fans: The Nothing Phone 3 will be available Stateside
Next Article Epic Anthropologie sale live from $7 — 9 stylish deals I’d shop for my home now
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

248.1k Like
69.1k Follow
134k Pin
54.3k Follow

Latest News

Roborock V20 and G20S, robotic vacuums for smart home cleaning · TechNode
Computing
Threads now has DMs – here’s how to send direct messages
News
Built for Scale: eXchange1 Brings Institutional-Grade Crypto Trading to Indian Users | HackerNoon
Computing
I test smart air conditioners for a living — here’s my top 3 picks to make it through a heat wave
News

You Might also Like

Computing

Roborock V20 and G20S, robotic vacuums for smart home cleaning · TechNode

4 Min Read
Computing

Built for Scale: eXchange1 Brings Institutional-Grade Crypto Trading to Indian Users | HackerNoon

6 Min Read
Computing

Excited customers flock to stores for Xiaomi’s first EV: report · TechNode

1 Min Read
Computing

The End of the Guessing Game? Why Describing Data Beats Estimating It | HackerNoon

19 Min Read
//

World of Software is your one-stop website for the latest tech news and updates, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Topics

  • Computing
  • Software
  • Press Release
  • Trending

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

World of SoftwareWorld of Software
Follow US
Copyright © All Rights Reserved. World of Software.
Welcome Back!

Sign in to your account

Lost your password?